Peruvian and Californian avocado supplies tie in the U.S. market
The U.S. avocado market currently shows a tie between Peruvian and California supplies, intelligence company Avobook's week 30 report stated. The South American powerhouse and the Golden State held a 25% share, with volumes forecasted to reduce as of mid-August as the Mexican offer increases.
In Europe, Peru continues to dominate the market, accounting for nearly 90% of overall shipments. However, this represents a 16% drop compared to the previous week.
As for Asia, shipments to China are lower than those to Japan for the first time this year. Fruit from Colombia and Chile is expected to enter Europe in week 33.
Review the full report.
The Global Avocado Summit, organized by the Chilean Avocado Committee and the Yentzen Group, will be held on November 21 at the Casino Monticello event center in Chile.